What is CircleCI?
Founded in 2011 and headquartered in San Francisco, CircleCI provides a robust integration and delivery platform designed to help software teams accelerate their development cycles by automating build, test, and deployment processes. The company's solution is critical for modern software engineering workflows, enabling faster iteration and higher code quality. CircleCI's platform supports a wide range of programming languages and technologies, making it a versatile tool for development teams of all sizes.
How much funding has CircleCI raised?
CircleCI has raised a total of $212.5M across 6 funding rounds:
Angel/Seed
$1.5M
Series A
$6M
Series B
$18M
Series C
$31M
Series D
$56M
Series E
$100M
Angel/Seed (2013): $1.5M with participation from Hiten Shah, James Lindenbaum, SV Angel, Baseline Ventures, Adam Wiggins, Eric Ries, 500.com, and Data Collective
Series A (2014): $6M led by DFJ
Series B (2016): $18M supported by Harrison Metal, Baseline Ventures, DFJ, and BA Venture Partners
Series C (2018): $31M featuring Industry Ventures, Top Tier Capital Partners, Harrison Metal, Baseline Ventures, Heavybit, DFJ, and BA Venture Partners
Series D (2019): $56M backed by Heavybit companies, BA Venture Partners, Top Tier Capital Partners, Industry Ventures, NextEquity Partners, Owl Rock Capital Partners, Harrison Metal Capital, THRESHOLD VENTURES, and Baseline Ventures
Series E (2020): $100M with participation from Sapphire Ventures and IVP
Key Investors in CircleCI
Sapphire Ventures
Sapphire Ventures is a venture capital firm focused on investing in and providing services to technology companies, based in Palo Alto, California. They are known for backing innovative tech ventures.
IVP
IVP (Institutional Venture Partners) is a later-stage venture capital firm that invests in high-growth technology companies across consumer, enterprise, and fintech sectors, typically supporting companies through scaleup and exit.
Harrison Metal Capital
Harrison Metal Capital is an investment firm that focuses on early-stage technology companies led by exceptional founders, offering strategic guidance and capital.
What's next for CircleCI?
With the recent major strategic investment, CircleCI is well-positioned to enhance its platform capabilities and expand its market reach. The company's focus on enterprise-level solutions suggests a strategic push towards larger organizations seeking to optimize their software development pipelines. Future developments are likely to include advanced features for security, performance, and collaboration, further solidifying CircleCI's position as a leader in the CI/CD market. This capital will also likely support strategic partnerships and potential acquisitions to broaden its ecosystem.
See full CircleCI company page